“This investment acknowledges our work to date and will further accelerate our growth,” said Erik Podzuweit, co-founder and CEO of Scalable Capital. “We want to further cement our leading market position. This new funding enables us to go after even more opportunities and to continue to invest heavily in our talent; pushing our ambitions forward across client segments.” “Since taking a minority stake in Scalable Capital in 2017, we have seen the company grow into one of Europe’s leaders in digital wealth management solutions,” said Patrick Olson, Chief Product Officer at BlackRock and supervisory board member of Scalable Capital. “We look forward to further supporting the team in their future expansion. We continue to see strong demand for technology-based investment solutions from our clients and Scalable Capital have shown their ability to execute is second-to-none.”

https://www.eu-startups.com/2019/08/munich-based-digital-wealth-manager-scalable-capital-raises-e25-million-series-c/